Hickey Institute releases latest U.S. report on incentives
Hickey released their latest comprehensive report on incentives across the United States. With an uncertain economy still recovering from the global pandemic, businesses are navigating a dynamic landscape for economic incentives. Over recent years, many state and local governments and economic development organizations across the United States and around the world have been deploying new programs and leveraging significant funding channels. Since the onset of COVID-19, the economic incentives awarded on an annual basis skyrocketed from $60 billion to $2 trillion globally.
This new era of economic incentives finds expanded targeting of specific domestic sectors, programs developed to address sustainability and green initiatives, implemented measures to ensure compliance and ROI to taxpayers, significant funding for infrastructure investments, and modified rules to ease the process for capturing incentives. Meanwhile, a potential funding cliff may be on the horizon as federal dollars via stimulus and recovery programs will soon run out.
Learn more about all these trends and shifts by downloading a copy of the United States Credits & Incentives Update - Fall 2024 Report today!
Navigating an incentives cliff on the horizon
Key Insights:
Key trends and political shifts with incentives across the United States
Understanding the oncoming incentives financing cliff due to federal funding ending
How governments and communities are streamlining the incentives process
Ensuring communities recognize a return on investment from incentives
Leveraging incentives to drive a green and sustainable future
Updates from all 50 states, Washington, DC, Puerto Rico, and several Tribal Nations
And so much more!
Tracking the latest federal legislation, including the CHIPS Act and the Inflation Reduction Act
Why This Report Is For You:
Knowledge on key incentives trends across the United States
Navigating an incentives funding cliff on the horizon
Tracking the latest federal legislation, including CHIPS and the IRA
Updates across states, communities, territories, and tribal nations
Download your copy of the United States Credits & Incentives - Fall 2024 Report today!